Job fairs are an example of internal recruitment methods.
Answer the following statement true (T) or false (F)
False
External recruitment usually means tapping into a range of different resources. The possibilities include employment websites, newspaper ads, job fairs, trade associations, college and university employment centers, and employment agencies. See 15-4: Human Resource Planning: Drawing the Map
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A company's numerous specific budgets (sales, inventory purchases, etc.) together are referred to as the:
A. master budget. B. current budget. C. strategic plan. D. grand plan.
Downsizing often results in one-time charges against income
Indicate whether the statement is true or false
During June, Cisco Company produced 12,000 chainsaw blades. The standard quantity of material allowed per unit was 1.5 pounds of steel per blade at a standard cost of $8 per pound. The actual cost was $7 per pound. The actual pounds of steel that Cisco purchased were 19,500 pounds. Calculate Cisco's materials usage variance
A) $10,500 U B) $12,000 F C) $12,000 U D) $10,500 F
Mays Corporation purchased a new truck on January 1, Year 1 for $65,000 cash. The salvage value was estimated to be $10,000 at the end of the useful life of 5 years. On January 1, Year 3, Mays had to replace the engine of the truck paying $4,000 cash. At that time, Mays estimates that the truck will continue a productive life for another four years. The company uses the straight-line method. Required:a) Prepare the journal entry to record the cost of the new engine.b) Calculate the depreciation expense for Year 3.
What will be an ideal response?